Is Lincoln, NE 68505 a buyer’s or seller’s market?

The Lincoln housing market right now

In the three months ending August 31, 2026, 32% of homes in Lincoln, NE 68505 sold above their list price, the typical home went under contract in 15 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 65 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (13 days then) and the median sale price rose 7% to $279,879. Overall, Lincoln is less competitive than a year ago, which gives buyers more room.

Within Lancaster County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Lincoln ranks #35 of 84 NE ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Lincoln 68517 (0% sold over asking) or Lincoln 68514 (0% sold over asking), while Martell 68404 (100% sold over asking) and Firth 68358 (67% sold over asking) are even more competitive.